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S_A_V [24]
3 years ago
11

Corning produces Gorilla Glass screens that are used in the production of laptops, tablets, and smartphones. Corning promotes it

s product to final consumers to increase business demand for digital devices made with the specialized, toughened glass. This illustrates ________.
Business
2 answers:
Over [174]3 years ago
8 0

Answer: Derived demand

Explanation: Derived demand is a demand for what is used in the manufacturing procedure to produce goods or services in a given period by a company or partly finished materials that satisfy human wants and provide value utilized as inputs in the manufacturing of other goods. This happens as a result of the need for another product used by the customer to satisfy wants or goods that are partly finished.

In this case, Gorilla glass screens are being used to produce laptops, tablets, and smartphones, making Gorilla glass the intermediate good and the later aforementioned, the final good.

serg [7]3 years ago
3 0

Answer:

derived demand

Explanation:

Derived demand refers to the demand for one product (usually a component, part or complement) because the demand of another product exists. Products are generally not made of a single piece of something, specially electronics and complex products are built with several components or parts. In this case, gorilla glass screens are a major component in smartphones, and the more smartphones sold, the more gorilla glass screens sold.  

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You have​ $675 today which is enough to buy 375 bottles of Diet Pepsi. If the price of Diet Pepsi is expected to increase by​ 4%
slavikrds [6]

Answer:

Nominal growth= 10.93%

Explanation:

Giving the following information:

You have​ $675 today which is enough to buy 375 bottles of Diet Pepsi. The price of Diet Pepsi is expected to increase by​ 4% over the next​ year.

First, we need to find the dollar amount necessary to buy 400 bottles:

Unitary cost= 675/375= $1.8

New unitary cost= 1.8*1.04= $1.872

Total cost= 400bottles*1.872= $748.8

Now we can calculate the nominal rate of growth:

r= [(748.8 - 675)/675]*100= 10.93%

8 0
3 years ago
Which of these elements contributes toward globalization of the economy?
Shtirlitz [24]

Answer:

Use of foreign labor

Explanation:

A p E x Verified

5 0
3 years ago
Read 2 more answers
Assume that the required reserve ratio is 25 percent. If the Federal Reserve sells $120 million in government securities to the
earnstyle [38]

Answer: Option (B) is correct.

Explanation:

Given that,

Reserve ratio = 25%

Fed reserve bank sells (securities) to public = $120 million

When a central bank sells the government securities to the public then as a result money supply in an economy decreases. This is an instrument of monetary policy known as " Open market Operations".

The supply of money is directly decreases by $120 million.

and

Money creating potential of banks = Amount of securities × (\frac{1}{rr} - 1)

                                                          = 120 × (\frac{1}{0.25} - 1)

                                                          = 120 × 3

                                                          = $360 million

Hence, a decrease in money supply could eventually reach a maximum of $360 million.

5 0
3 years ago
ABC Corporation raised capital through an offering of equity securities. Which component of the balance sheet has changed as a r
Stels [109]

Answer:

Share capital in the shareholders equity section

Explanation:

The balance sheet is structured according to the accounting formulae

Asset = Liabilities + Owners Equity

When a company raises capita by the issuing of securities or is referred to as share capital.

The securities issued are common stock or preferred stock.

There is a maximum amount that a company can raise from the sale of shares and this is called authorised share capital.

Share capital is a line item that is reported under Owner equity section of the balance sheet.

8 0
3 years ago
Venus Williams is one of the top women’s tennis players in the world. Because this status overrides all her other statuses, it i
Sonja [21]

Answer:

Master status

Explanation:

In the social development of an individual, some certain set of characteristics or social identity is peculiar to individuals in which that individual is known for. Such social identity is what we refer to as the status of an individual.  

Status of an individual can be achieved or ascribed. Achieved statuses such as occupation, athlete, teacher,  parent, spouse, criminal etc, all statuses gained throughout the course of individuals’ lives. Ascribed status on the or hand are statuses that an individual is born with, such as sex, race etc.

As an individual develops and interacts in a society, any particular status that makes a person well known for and easily identified with is referred to as the master status of the individual. The master status overrides other statuses of the individual. It is the status that confers a social identity that is exceptional on an individual. Master status can be ascribed or achieved.

The status of Venus Williams as one of the top women’s tennis players in the world is a Master status, which is an achieved status that overrides all other statuses that she is known for. Wherever her name  mentioned, the first thing that comes to people’s mind is her master status of being a star in tennis.

3 0
3 years ago
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